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DK Shivakumar has announced plans to increase water tariffs, despite significant public opposition. Addressing the concerns, Shivakumar criticized citizens, labeling them as ungrateful and emphasizing the need for the tariff hike to ensure the survival of the Bengaluru Water Supply and Sewerage Board (BWSSB). «Citizens are ungrateful. If they don't get water, they will abuse us, call us, and put messages on WhatsApp. They don't know how difficult it is,» said Shivakumar. «Let the media and opposition abuse us. I am bound to increase the water tariff. They can criticize or protest, I won't stop. We will increase the tariff; otherwise, BWSSB won't survive.»

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

According to its annual investment stewardship report covering the period from 1 July 2023 through to 30 June, the firm only supported 4% (20 out of 593) of proposals put forward by shareholders on climate and natural capital and company impacts on people. This was down from 7% (30 out of 455) in the prior year, and significantly lower than the 47% high in 2021, at the height of the ESG investing boom. BlackRock CEO Larry Fink drops use of term 'ESG' BlackRock's global head of investment stewardship Joud Abdel Majeid said the firm found that most of these proposals were «overreachi...

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

insurance coverage. “Historically, only a small percentage of MSMEs provided healthcare benefits to their employees as most insurers required a minimum number of employees to extend insurance coverage,” says Yogesh Agarwal, Founder & CEO, Onsurity. “Offering comprehensive healthcare benefits is necessary to help businesses differentiate themselves in a competitive talent market.” Only 5-7% of small businesses provide health insurance coverage to their employees, say industry observers.

The Chinese Commerce Ministry said Wednesday that it would launch an investigation into subsidies given by the European Union and EU member countries for dairy products that could lead to tariffs on their export to China. The announcement came one day after the EU released a draft decision to finalise tariffs on electric vehicles made in China, in a follow-up to provisional tariffs announced last month. The tariffs have been denounced by the Chinese government and automakers and threaten to set back the industry's efforts to go global.

Lingo Telecom agreed to pay a $1 million fine after the agency said it transmitted fake robocalls imitating President Joe Biden seeking to dissuade people from voting for him in New Hampshire's Democratic primary election, a US government regulator said on Wednesday. The Federal Communications Commission said Lingo transmitted spoofed robocalls that used generative artificial intelligence voice-cloning technology «to spread disinformation.» The calls were directed by political consultant Steve Kramer, who has been charged by the New Hampshire state attorney general's office. The FCC earlier proposed fining Lingo $2 million for allegedly transmitting the robocalls in January. The FCC said Lingo under the settlement will implement a compliance plan requiring strict adherence to FCC caller ID authentication rules.

₹5 lakh) for any loss to depositors due to bank failure. That’s at the individual level. At the macro level, deposit insurance plays a key role in instilling confidence in the banking system, enabling it to lend to the real sector and thereby keep the wheels of the economy well-oiled and running.

There's a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls — the largest since 2009. Is it signaling recession?

The Democratic convention presents Fox News Channel with a delicate challenge — how to cover a party suddenly enthused about its election chances when much of its audience has a different political view

The explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed.

Connor Sephton is a journalist based in London, who also works for Sky News and the BBC as a radio newsreader and online reporter. He has covered crypto since 2018 — reporting from major conferences...

Clothes, travel, food, liquor, flowers: There’s no end to expenses when it comes to traditional weddings

As the wealth management industry faces a plethora of terms and conditions on managing a practice, it can be difficult to keep up with compliance – especially if you’re a newly independent advisor.

New York Federal Reserve, 28.4% of participants said they were looking for work, which is a rise from 19.4% one year ago and the highest percentage since March 2014. That covers both those who are currently unemployed and those who are employed but looking for new opportunities. Even though some economists are lowering their predictions of a recession, the results of the New York Fed's thrice-annual Survey of Consumer Expectations Labor Market Survey provide more proof that the U.S. economic outlook is becoming worse. Although it is still relatively low at 4.3%, the unemployment rate has increased from its 3.5% post-pandemic low. Also Read: Is Prince Andrew facing an unexpected relocation? Know King Charles’ next move

credit cards with airport lounge access are immensely popular. Airport lounges are a terrific place for frequent fliers to get away from the stress and commotion of waiting for planes. Airport lounge access credit cards in India give users with free or covered admission to airport lounges that offer special privileges and services. These amenities may include pleasant waiting areas, food, drinks, Wi-Fi, showers, and quiet spots to work or rest. Note that credit card holders should check whether your credit card gives you complimentary access at the selected airport.

Also read: Wall Street today: US stocks mixed, Fed minutes & Jackson Hole in focus While the sudden and large price dislocations were reversed, the unsettling episode felt like a warning of the inherent instability of the financial system. The insecurity was accentuated by what happened in the analyst community. Some well-known Wall Street analysts and observers of finance urged the Fed to immediately implement an emergency intra-meeting rate cut—a move that I argued was unnecessary and potentially harmful.

Suzuki Motor Corporation (SMC), the company's majority shareholder, confirmed this move, as per the Business Standard report.Livemint could not independently verify the news development.“We are currently adjusting production to reduce market stock and are closely monitoring demand trends. India will be in a critical period with the upcoming festival season, so we will closely monitor demand trends," Suzuki Motor Corporation told analysts in a conference call, Business Standard reported quoting the transcript of the call.Despite a 7.4 per cent year-on-year increase in production to 496,000 units during the first quarter, sales growth lagged significantly, rising by only 1.2 per cent to 427,000 units, according to the Business Standard report.This slowdown in car sales has sparked concerns throughout the Indian auto industry, accumulating unsold vehicles at dealerships.

Digital connectivity in India is set to get a major boost, with three large undersea cable projects — 2Africa Pearls, IndiaAsia-Express (IAX) and India-Europe-Express (IEX) — slated to go onstream between October and next March, expanding existing capacity by more than four times, said people familiar with the matter. 2Africa, among the longest subsea cable systems in the world, spanning over 45,000 km, has investments from Bharti Airtel and Meta, among others. It will have a capacity of 180 terabits per second (tbps), connecting 33 countries, including Sunil Mittal-led Airtel’s landing station in Mumbai. IAX and IEX involve contributions from Reliance Jio, among others. Boost for Data Centre Operators:

Black Myth: Wukong is a game set to release on August 20, 2024, for PlayStation and PC. The game, based on the classic novel 'Journey to the West,' has faced some delays for Xbox players. This story covers the release date, time and platform details for the upcoming game.

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